Social Security Max 2024 Deduction 2024. This amount is known as the “maximum taxable earnings” and changes.  — the social security administration (ssa) announced that the maximum earnings subject to social security (oasdi) tax will increase from $160,200 to $168,600.

 — when you calculate how much of your social security benefit is taxable, use the $2,000/month number and multiply that by the number of months to get the annual.  — the maximum benefit for a worker who claims social security at full retirement age (fra) in 2024 will be $3,822 a month, up from $3,627 in 2023.